Dillard's President Alex Dillard's 2019 pay jumps 209% to $7.8M

Dillard's reports 2019 executive compensation

By ExecPay News

Published: April 3, 2020

Dillard's reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, six Dillard's executives received on average a compensation package of $3.5M, a 105% increase compared to previous year.
Average pay of disclosed executives at Dillard's
Alex Dillard, President, received $7.8M in total, which increased by 209% compared to 2018. 75% of Dillard's compensation, or $5.8M, was of change in pension value and nonqualified deferred compensation earnings. Dillard also received $582K in non-equity incentive plan, $1.1M in salary, $117K in stock awards, as well as $172K in other compensation.
For fiscal year 2019, the median employee pay was $24,631 at Dillard's. Therefore, the ratio of Alex Dillard's pay to the median employee pay was 315 to one.
Mike Dillard, Executive Vice President, received a compensation package of $4.3M, which increased by 223% compared to previous year. 72% of the compensation package, or $3.1M, was of change in pension value and nonqualified deferred compensation earnings.
Drue Matheny, Executive Vice President, earned $4M in 2019, a 167% increase compared to previous year.
William Dillard, II, Chief Executive Officer, received $1.9M in 2019, which decreases by 41% compared to 2018.
Phillip R. Watts, Senior Vice President, Co, Principal Financial Officer and Principal Accounting Officer, earned $1.6M in 2019, a 104% increase compared to previous year.
Chris B. Johnson, Senior Vice President and Co, Principal Financial Officer, received $1.3M in 2019, which increases by 62% compared to 2018.
Dillard's' fiscal year ends on February 1.

Related executives

William Dillard

Dillard's

Chief Executive Officer

Alex Dillard

Dillard's

President

Mike Dillard

Dillard's

Executive Vice President

Drue Matheny

Dillard's

Executive Vice President

Chris Johnson

Dillard's

Senior Vice President and Co, Principal Financial Officer

Phillip Watts

Dillard's

Senior Vice President, Co, Principal Financial Officer and Principal Accounting Officer

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Source: SEC filing on April 3, 2020.